New Jersey Statutes > Title 43 > Chapter 4B – Retirement Systems Actuary Selection Committee
Current as of: 2023 | Check for updates
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Other versions
| § 43:4B-1 | Retirement Systems Actuary Selection Committee |
| § 43:4B-2 | Information available to, provided to pension boards |
Terms Used In New Jersey Statutes > Title 43 > Chapter 4B - Retirement Systems Actuary Selection Committee
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Contract: A legal written agreement that becomes binding when signed.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
- Veto: The procedure established under the Constitution by which the President/Governor refuses to approve a bill or joint resolution and thus prevents its enactment into law. A regular veto occurs when the President/Governor returns the legislation to the house in which it originated. The President/Governor usually returns a vetoed bill with a message indicating his reasons for rejecting the measure. In Congress, the veto can be overridden only by a two-thirds vote in both the Senate and the House.